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Savita

Deshmukh

logoAgripreneur

logo Solapur, Maharashtra

logo 273 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Savita

Deshmukh

#trailblazer#enterprising
Finance the set up of an effective irrigation system for Savita's farming business

logoAgripreneur

logo Solapur, Maharashtra

logo 273 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

35,000 loan is fully repaid

35,000 loan is fully repaid


Savita Deshmukh is a mother working hard towards her long term plan. Her dream is to build a beautiful house for her children. Currently, Savita works as a farmer but she's looking to switch gears by starting a new milk business. Savita's first step is to increase the productivity of her current farming business by setting up an effective drip irrigation system. With the new system in place, she can save time and cut down on unnecessary costs. She plans to use this loan to buy the necessary equipment and in the long run raise funds for her future plans. Fund Kavita to see her fly her kite of success.

My dream is to build a new house for my children.

About Savita Deshmukh's livelihood

Savita is an agripreneur who works 6 hours a day for 7 days a week. With this loan Savita will potentially obtain employment for 273 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays The rate of interest charged to the investee

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

5.00%

9.00% APR

Impact
Partner The rate of return an impact partner makes

up to 5.00%

9.00% APR

Platform
charges The charges, the platform incurs by offering it's services

0.00%

0.00% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

35,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Farming

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Sakhi Samudaya Kosh

   view website
Maharashtra
Partner since 2019

About

SSK was established by Swayam Shikshan Prayog (SSP), a development organization in the year 2006. Sakhi Samudaya Kosh works to provide socially relevant financial services for rural women and their communities in order to reduce poverty and improve quality of life. Their main objective is to seed the idea of entrepreneurship among local communities and 'create community influencers' for women and girls.

Impact Narrative

Rang De has partnered with SSK to provide women leaders in the community with access to affordable and timely credit.

Rs 1,15,25,500

Disbursed

388

Investees

94.0%

Repayments

Customized loan products with affordable interest rates and long repayment tenures help the women entrepreneurs in our community to reinvest their income and expand their business turnover.

- Amar Shrimal, Chief Operations Officer, SSK
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0